HK Stock Market Move | BABA-W(09988) rose by over 3%, releasing the world's first enterprise-level Agent platform "Wukong".

BABA-W (09988) rose more than 3%, rising 3.28% as of press time to HK$138.3, with a turnover of HK$5.412 billion. On the news front, on March 17th, Alibaba released the world's first enterprise-level AI native work platform - "Wukong", allowing every team and every company to have a 24-hour working "lobster army". Wukong is an independent application that is now open for invitation testing and will also be directly integrated into DingTalk, which has over 20 million enterprise organizations. Wukong fully supports connecting users' DingTalk accounts, secure access permissions, and application systems within the enterprise. At the same time, Alibaba's ecosystem business ToB capabilities will be gradually embedded in the platform in the form of skills, serving as a unified exit for Alibaba's AI capabilities in enterprise work scenarios. It is worth mentioning that Alibaba recently officially announced the establishment of the Alibaba Token Hub (ATH) business group, aiming to establish a new organization with the core goal of "creating tokens, transmitting tokens, and applying tokens", with CEO Wu Yongming directly in charge. This move signifies Alibaba's intention to establish a unified "Token dispatch center" to fully support the development of AI core business units. Zhongjin pointed out that the establishment of the ATH business group will also integrate Alibaba's internal application ecosystem, conducive to the company's comprehensive coordination of B-end and C-end application implementation.